Virgin signs up as ninth team for Formula E

1 Comment

Virgin Racing has signed up with the new FIA Formula E Championship as the series’ ninth team. Alex Tai will operate the squad as team principal and the effort has the full support and backing of Virgin founder Sir Richard Branson.

Virgin has spent some of its large sum in motorsports before, as a partner in the Brawn GP team that won the 2009 Formula One World Championship with Jenson Button, and later as the principal backer for the team now known as Marussia.

But as Virgin has withdrawn from F1, its business goals match what FE is trying to achieve instead. Both Tai and Branson have worked to pioneer technology projects in aviation, space and more recently racing.

“The launch of the FIA Formula E Championship is exciting news for racing fans but also for those that believe in developing the great electric cars of the future,” Branson said in a release. “The need to create fast, dependable and durable race cars will help to accelerate the sector and showcase electric cars to a large global audience. With races around many famous city centers, I am expecting a lot of spectators, plenty of fun and some sparks flying as the competition hots up.”

Tai added that this is part of Virgin’s overarching strategy.

“The drive to develop new technology appeals to Virgin, which has always been a pioneering organization,” he said. “I’ve been fortunate to have been involved in a number of such activities over years, from the Virgin Atlantic GlobalFlyer to Virgin Galactic activities that push technological and human boundaries and capture people’s imagination.”

The rest of the grid includes IndyCar teams Andretti Autosport and Dragon Racing, Asian efforts China Racing, Super Aguri and Mahindra Racing, and European squads Drayson Racing, e.dams and Audi Sport Abt.

Indianapolis Motor Speedway unveils logo for 2019 Indy 500

Getty Images
Leave a comment

The 102nd Running of the Indianapolis Motor Speedway officials are already thinking about next year’s Indy 500.

Speedway officials on Friday unveiled the logo for the 103rd running of the 500 next year, which will be held on Sunday, May 26, 2019.

According to a Speedway media release, “The logo for the 103rd Indianapolis 500 includes bold, dynamic features that will form the core of future logos for ‘The Greatest Spectacle in Racing.’”

 

In addition, the new logo, according to the release, “is athletic, prestigious and confident and includes a rich navy blue that contrasts with gold, the color of the iconic Wing and Wheel logo of the Indianapolis Motor Speedway.

“A row of red bricks race upward and forward, referencing the bricks that formed the track’s surface for decades and remain present today in the famous Yard of Bricks at the start-finish line.”

The logo will serve as part of a new branding system that will feature it as part of future logo designs, as well.

“This new logo system is an exciting step forward for the identity of the Indianapolis 500,” IMS President J. Douglas Boles said. “The 103rd Indianapolis 500 logo, created within this system, salutes the traditions and legacy of the race while looking ahead to its bright future.”

Follow @JerryBonkowski